IT IS ALMOST TIME FOR DEPARTMENT STORES TO BE PACKED AND FULL OF KIDS AND PARENTS. THE NATIONAL RETAIL FEDERATION SAYS THAT CONSUMERS WILL SPEND ABOUT $26.5 BILLION ON BACK TO SCHOOL ITEMS AND THE AVERAGE FAMILY WILL SPEND CLOSE TO $700 ON THINGS LIKE SUPPLIES, CLOTHING AND ELECTRONICS. FIRST DAY OF SCHOOL IS RIGHT AROUND THE CORNER AND PARENTS ARE YOU READY FOR THE NEW YEAR? JOINING US THIS MORNING CARL ROGERS THE BRANCH MANAGER AT ONE TO ONE, THANK YOU SO MUCH FOR BEING HERE. THANK YOU FOR HAVING ME. WHAT ARE SOME OF THE BIGGEST EXPENSES FOR GETTING READY TO GO BACK TO SCHOOL? IT DEPENDS ON WHERE YOUR CHILD IS GOING TO COOL SCHOOL IT IF IT IS ELEMENTARY OR HIGH SCHOOL IT IS NOT AS EXPENSIVE AS GOING OFF TO COLLEGE. TYPICALLY IT IS GOING TO BE YOUR ELECTRONICS IPADS AND COMPUTERS FOR THE FAMILY BUDGET WHAT AMOUNT OF MONEY DO YOU WANT TO SPEND ON THAT AND GO OUT AND FIND THE DEAL THAT IS BEST FOR YOU. A LOT OF TIMES WHEN I REMEMBER I WAS IN HIGH SCHOOL I WILL BE THAT YOU WOULD GET A LIST OF SOME OF THE ITEMS THEY WOULD NEED IS IT STHAIL WAY FROM WHAT YOU KNOW NOW? I THINK IT IS NOT, I THINK YOU ACTUALLY GET THE LIST WHEN YOU GO TO SCHOOL BUT THERE IS STILL TYPICAL THIN YOU NEED TO GET, CLOTHING, SHOES, SCHOOL SUPPLIES, PENCILS, PAPER. HOW DO WE SAVE FOR THESING PENS? TYPICALLY IF YOU'RE GOING USE LOAN OR CREDIT CARD LOOK AT WHAT THE RATES AND TERMS ARE ASSOCIATED BY USING THEM. INTEREST RATES AND TERMS VARY FROM BANK TO BANK, CREDIT UNION TO CREDIT UNION. NOW IS TIME TO ASK QUESTIONS, COMPARE APPLES TO APPLES AND WHAT IS THE BEST THING FOR THE FAMILY FINANCES. SO CREDth CARDS AND PAY DAY LOANS ARE THOSE GOOD OPTIONS FOR PEOPLE? I WOULD TOLD YOU NOT TO DO A PAY DAY LOAN. IT IS VERY EASY MONEY, SO WITH IT BEING VERY EASY MONEY IT LUCIAL USUALLY COMES WITH HIGH INTEREST RATES AND NOT VERY FAVORABLE TERMS FOR THE CONSUMER. THEY CAN TYPICALLY PUT A FAMILY IN THE HOLE FOR A LONG TIME AND HAVE A NEGATIVE EFFECT FOR THAT PERIOD OF TIME. MOST CREDIT UNIONS HAVE ALTERNATIVE LOANS TO PAY DAY LOANS SO GO AND TALK TO YOUR REPRESENTATIVE. THEY USUALLY HAVE A LOEHR WERE INTEREST RATE, MORE FAVORABLE TERMS AND MONTHLY PAYMENT THAT EASE THE PAIN OF SCHOOL BUDGET. IS THERE A WAY TO SPLIT UP SCHOOL EXPENSES, BUY THINGS NOW AND BUY SOME THINGS LATER. TAX-FREE DAY IS THE FIRST WEEKEND OF AUGUST, THAT IS THE BEST TIME TO BUY YOUR BIG-TICKET ITEMS. IF YOU CAN GET AWAY WITH SLYING SOME OF THOSE EXPENSES LATE OFF INTO THE SCHOOL YEAR, ABSOLUTELY THAT IS WHAT YOU'D WANT TO DO. FOR THE FUTURE, I MEAN IF SOMEBODY ISN'T PREPARED, HOW CAN THEY BE BETTER PRAPPED THAN THESE BACK TO SCHOOL EXPENSES COMING UP AND SURPRISING THEM? IT IS START TO PLAN FROM NEXT YEAR. IT WILL BE HERE BEFORE YOU KNOW IT. SET ASIDE AN AMOUNT OF MON YOU WANT TO SAVE, SPLIT IT UP BY 12 AND SET UP A SAVING ACCOUNT FOR THAT PLAN IF YOUR EMPLOYER OFFERS DIRECT DEPOSITS, HAVE A CERTAIN AMOUNT PUT INTO THAT ACCOUNT. ALL RIGHT, OPEN FOR THE GREAT ADVICE THERE, WE REALLY APPRECIATE YOU JOINING US AND

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